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Six tips to get ahead in the new financial year

The start of a new financial year might not set your cork popping like New Year’s does. But the financial resolutions you make with a clear head in July are far more likely to create a champagne future. So let’s #GetMoving with some smart…
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Eight tips to help start your new financial year with a bang

The new financial year is here and now is a great time to review, refine, plan and take some action to set yourself up financially. To help kickstart your finances, try these simple steps. Take stock Let’s be honest.…

What to consider when withdrawing your super early

As the COVID-19 virus took a sledgehammer to the economy, the federal government rapidly introduced a range of initiatives to help individuals who lost income as a result of the measures taken to control the virus. One of those…

The benefits of using a mortgage broker

Buying a home is likely one of the biggest financial decisions you'll make in your life. While the process can be exciting, it can also be daunting, especially when it comes to financing your dream home. What is the role of a mortgage broker? A…

COVID-19 and residential rental property claims

Many residential rental property owners have had their rental income affected by COVID-19. As a result of this income year not being business as usual, the ATO has provided answers to some typical scenarios that may crop up in this area for…

Last-minute tax planning tactics

This financial year is almost over, but there are still effective strategies you may be able to employ to make sure you pay the right amount of tax for the 2019-20 year and maximise any refund entitlement. This is still, if not more so, the…

COVID-19 corporate residency concession

The ATO has announced an important tax residency concession for foreign incorporated companies during the COVID-19 crisis. Background On 24 March 2020, the government announced a ban on Australians travelling overseas, using powers…
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Rental (passive) income and ‘carrying on a business’ for JobKeeper eligibility

When assessing eligibility for JobKeeper assistance, the first question that must be answered is whether the entity was carrying on a business as at 1 March 2020. This question is of particular relevance to entities that have solely or predominantly…